GST borrowing quantum has to be reasonable, will continue to request states to join: Finance Secretary - THEMARKETTRENDZ

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Tuesday, 3 November 2020

GST borrowing quantum has to be reasonable, will continue to request states to join: Finance Secretary

He said while extending the loan, the Centre would take authorisation from states that repayment would be made only from the GST compensation cess which is being collected and repayment schedule will be set in such a manner that the collections in cess pool post June 2022 would be enough to repay the interest arising out of borrowing.

from GST-Small Biz-Economic Times
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